Tim Mort

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The Federal Reserve can intervene in the market and meddle with interest rates, but ultimately cannot escape the immutable nature of free market economics. Politicians may warp a monetary system to their liking but they cannot repeal economic laws that determine the nature of money. As I have said in the past and stand by today, distortion and corruption through monopoly control can benefit the few at the expense of the many for long periods of time, but eventually the irrefutable laws of nature will win. Free choice in the market is the only way economic calculation can come about.
The Dao of Capital: Austrian Investing in a Distorted World
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